There is a foolproof method with a 100% win rate (some survival tips for beginners)

When I first started trading cryptocurrencies, I stayed up all night watching the market, chasing highs and selling low, losing sleep over my losses. Later, I insisted on using a foolproof method, and surprisingly, I survived and slowly began to make stable profits.

Looking back now, this method, while foolish, works: "If the familiar signals do not appear, I will not act!"

I would rather miss out on opportunities than make random trades.

With this iron rule, I can now maintain an annual return of over 70%, and I no longer have to rely on luck to survive.

Here are some survival tips for beginners, based on my real trading experience:

1. Make trades after 9 PM

The news during the day is too chaotic, with various false positives and negatives flying around, causing the market to jump around erratically, making it easy to get tricked into trades.

I usually wait until after 9 PM to trade; by then, the news is generally stable, and the candlestick chart is cleaner, with clearer direction.

2. Look at indicators, not feelings

Don't trade based on feelings

Before making a trade, check these indicators:

• MACD: Is there a golden cross or death cross?

• RSI: Is it overbought or oversold?

• Bollinger Bands: Is it contracting or breaking out?

Only consider entering a trade if at least two of the three indicators give consistent signals.

4. Stop-loss: Dignity is more important than money

⛔️ "Cut losses immediately if the direction is wrong; hesitating for a second means losing 10%"

• Fixed stop-loss method: 3% of the capital is the red line

• Dynamic stop-loss method: After a 50% floating profit, if it retraces 20%, exit immediately

5. Withdraw funds on time every week

For example, if you made 5000 U this week, don’t always think about doubling it! I suggest you withdraw 1500 U to your bank account immediately, and continue trading with the remaining amount.

I've seen too many people who "made 3-5 times their investment" only to lose it all in a single retracement. Continue to roll over the remaining amount. This way, over the long term, your account will grow thicker and thicker.

6. There are tricks to reading candlesticks

• For short-term trading, look at the 1-hour chart: If the price has two consecutive bullish candles, consider going long.

• If the market is flat, switch to the 4-hour chart to find support levels: consider entering a trade when it drops near the support level.

If you also want to take a slice of the pie in the cryptocurrency world and want to learn how to trade, follow the attack species number (Crypto General Instructor), and let it guide you through the cryptocurrency market!